Identify One of the Benefits Associated with Procuring Software from Application

question 77

Multiple Choice

Identify one of the benefits associated with procuring software from application service providers.

• A) lower cost
• B) scalability
• C) greater effectiveness
• D) faster processing speed

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Definitions:

Employees

Employees refer to individuals hired by an organization or company to perform specific duties in exchange for compensation.

Business Owner

An individual who owns and operates a business entity, assuming all risks and rewards of the venture.

Half-year Rule

A tax regulation allowing businesses to claim half-year depreciation for assets acquired or disposed of during a fiscal year.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, either for profit or non-profit.